WHAT HEALTH EXECS WANT FROM REAL ESTATE FIRMS
By John Mugford
From left to right, David Park of Novant Health, Bart Gobeil of the State of Georgia, Calvin Thomas IV of Grady Health System, Howard Wall III of Capella Healthcare and Leigh Hantho of Align Healthcare discussed the changing role of third-party real estate developers during the recent InterFace Medical Office conference in Atlanta.
Photo courtesy of InterFace Conference Group
Despite all of the changes taking place in the healthcare industry, there is still a need for third-party real estate developers, owners and advisors to provide services to large healthcare systems.
Real estate firms, however, might need to alter their traditional roles when providing services to health systems in the era of healthcare reform, employed physicians, accounting changes concerning leases, and a return to cheaper debt for hospitals and healthcare organizations.
During a fast-paced, highly informative panel discussion in Atlanta in recent weeks, executives with three well-known healthcare systems talked about a variety of topics, from the impact of the healthcare reform law on real estate to, as noted, how third-party real estate firms can
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